Press release: Pixid Group announces agreement to acquire US-based VectorVMS

Headquartered in Raleigh, North Carolina in the United States, VectorVMS provides innovative vendor management software to both corporate clients and managed services providers (MSPs) who support corporate clients. VectorVMS currently serves more than 100 customers globally, with a key focus in the US, leveraging their expertise in the healthcare, finance and government sectors.

Pixid provides solutions to clients to efficiently manage their external workforce via a simple, scalable and cost-effective platform. As a digital HR pioneer, the company connects all stakeholders in the temporary work value chain with its end-to-end cloud-based technology, providing seamless integration with a wide range of technology partners and enabling a comprehensive Total Talent Acquisition solution.

This acquisition will position the Group as a global leader in the VMS market, dedicated to delivering innovative solutions for extended workforce management. By combining VectorVMS’s expertise in the mid-market and across the USA, with the Pixid Group’s unrivalled expertise in VMS and ATS technology, as well as its dedicated focus on small and midsize businesses, the two companies will create a comprehensive global solution. This partnership will enable them to scale effectively to meet the diverse needs of organizations of all sizes.

Etienne Colella, President of Pixid Group commented:

“We are delighted to welcome Marc Husain and VectorVMS’ seasoned management team to the Pixid Group to help us roll out our strategy in the USA and the MSP market segment. We have been impressed by VectorVMS’ ability to deliver complete and robust solutions in a simple way to organizations that do not have the resources to deploy complex tools. This fits perfectly with our vision of delivery leading edge technology in a simple and effective way.”

Marc Husain, Managing Director of VectorVMS, added:

“We are super excited to join the Pixid Group backed by Keensight Capital. Both organizations have a passion for developing extended workforce solutions focused on growth. We feel that the alignment of VectorVMS with Pixid will help us to further drive innovation enabling us to deliver best-in-breed extended workforce solutions.”

Arjan Hannink, Partner at Keensight Capital, concluded:

“We are pleased to support Pixid with their acquisition of VectorVMS. There’s a clear rationale for the combination and as a global leader in the space, the combined company will be able to deliver innovative market leading workforce solutions to its global customer base. We look forward to supporting the Pixid Group in this next phase of its development.”